United Bancorp (NASDAQ:UBCP) Stock Passes Above 200-Day Moving Average – Here’s What Happened

United Bancorp, Inc. (NASDAQ:UBCP) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.04 and traded as high as $14.23. United Bancorp shares last traded at $13.93, with a volume of 39,888 shares changing hands.

United Bancorp Trading Up 6.3 %

The firm has a market cap of $81.17 million, a PE ratio of 10.97 and a beta of 0.38. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.79. The company’s 50 day moving average price is $13.02 and its 200 day moving average price is $13.04.

United Bancorp (NASDAQ:UBCP) last announced its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.31 EPS for the quarter. United Bancorp had a net margin of 16.83% and a return on equity of 11.73%.

United Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Monday, March 10th were given a dividend of $0.1825 per share. The ex-dividend date was Monday, March 10th. This is a positive change from United Bancorp’s previous quarterly dividend of $0.18. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.24%. United Bancorp’s dividend payout ratio (DPR) is 57.48%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of UBCP. Tallon Kerry Patrick purchased a new stake in United Bancorp during the fourth quarter worth $584,000. Wealthedge Investment Advisors LLC acquired a new position in shares of United Bancorp in the 4th quarter valued at $258,000. Wesbanco Bank Inc. raised its holdings in United Bancorp by 52.9% in the fourth quarter. Wesbanco Bank Inc. now owns 42,055 shares of the financial services provider’s stock valued at $547,000 after buying an additional 14,550 shares during the period. BBR Partners LLC purchased a new stake in United Bancorp during the 3rd quarter worth $131,000. Finally, Northern Trust Corp raised its holdings in shares of United Bancorp by 40.2% during the 4th quarter. Northern Trust Corp now owns 25,314 shares of the financial services provider’s stock valued at $329,000 after buying an additional 7,264 shares during the period. 15.42% of the stock is currently owned by hedge funds and other institutional investors.

United Bancorp Company Profile

United Bancorp, Inc operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. The company provides range of banking and financial services, which includes accepting demand, savings, and time deposits. It also offers commercial, real estate and consumer loans.